President Marcos’ declaration of a state of national energy emergency was a timely preemptive strike against volatile global crude markets rather than a delayed reaction, according to private sector economists, who warned that Filipino consumers must still prepare for a prolonged period of...
The Independent Commission for Infrastructure (ICI) is ending its operations at the end of the month as its chairman, retired Supreme Court associate justice Andres Reyes Jr., believes its mandate has already been fulfilled. In a statement, Reyes, the only remaining member of the ICI, said he is...
Jollibee Foods Corp. is moving to list its Highlands Coffee unit in Vietnam by the first quarter of 2027, seeking to capitalize on surging retail investor interest in one of Southeast Asia’s fastest-growing economies. In a disclosure to the Philippine Stock Exchange, Jollibee said that the board...
The Securities and Exchange Commission (SEC) has issued the final version of its tiered minimum public ownership (MPO) requirement for initial public offerings (IPOs), a move expected to entice major corporations such as GCash and Maya to list their shares locally rather than seek overseas bourses....
The Securities and Exchange Commission (SEC) and the Philippine Stock Exchange (PSE) are moving to revitalize the domestic capital market by introducing rules for Global Philippine Depository Receipts, which would allow local investors to trade foreign stocks in the local currency. SEC Chairman...
The Police Regional Office-1 and the Philippine Drug Enforcement Agency-Region 1 destroyed marijuana valued at P106.2 million in an eradication operation in Barangay Licungan, Sugpon, Ilocos Sur from Jan. 15 to 18. Police Brig. Gen. Dindo R. Reyes, PRO-1 regional director, said 98 marijuana...
Twelve years since its entry into the local aesthetics and wellness landscape, Luminisce steps into a new era with the opening of Luminisce Prima, its fourth and most elevated clinic to date. “Opening Luminisce Prima was a natural next step for us,” Dr. Kristina “Kaycee” Reyes, founder and...
The Department of Public Works and Highways (DPWH) on Thursday, Nov. 13, mourned the passing of its Sorsogon-based colleague, Engineer Larry Reyes, and asked the public to respect the privacy of the family amid unverified reports circulating online. In a statement, the DPWH said the entire...
West Zone concessionaire Maynilad Water Services Inc. successfully debuted on the Philippine Stock Exchange after its ₱34.33 billion initial public offering (IPO) was heavily favored by investors, ending 2.7 times oversubscribed. In a briefing before the listing, Maynilad Chief Finance Officer...
The Independent Commission on Infrastructure (ICI) will start to livestream its hearings beginning next week, ICI chairperson Andres Reyes Jr. said on Wednesday, October 22. Reyes disclosed this during the Senate Committee on Justice and Human Rights’ hearing, chaired by Sen. Francis “Kiko”...
Not a few raised their eyebrows on the selection of teenager AJ Manas to the star-studded Team Asia side ahead of its title defense against the equally talented Team Rest of the World (ROW). “Hayaan ko na lang sila, basta ako gagawin ko na lang ‘yong best para ma-prove na karapatdapat ako...
The local stock market will look for positive cues from early corporate earnings reporters this week, typically starting with banks, even as sentiment remains dampened by a public works corruption scandal. “Rate cuts alone won’t reignite growth. Without stronger governance, swift resolution of...
